Friends of the Library of Collier County Inc

EIN: 591030780 501(c)(3) Education

Naples, FL

Total Revenue
$979,733
Total Expenses
$815,837
Total Assets
$2,787,759
Net Assets
$2,258,292
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
FL
Phone
2392628135
Tax Period
2023-10-01 to 2024-09-30

Friends of the Library of Collier County Inc, founded in 1961, is a small nonprofit in the Education sector that reported $980K in total revenue in fiscal year 2023. The organization ran a surplus of $164K, a strong 17% operating margin.

Mission

Friends of the Library of Collier County, Inc. (the Organization") is a not-for-profit corporation organized in 1957 and incorporated in April, 1961. The Organization was formed to establish a free public library system in Collier County. The ongoing mission of the Organization is to support and to enrich the services of the Collier County Public Library System.The Organization provides library related programs, including sponsoring authors, special events for children,education tuition, books and travel expenses for county library employees for seminars and college credit classes in library science. The Organization also provides funds for library media, library equipment and furniture, internet connections, training and conference fees and expenses for library employees, an adult lecture series and programs for young people. These activities are funded from donations, member dues, earnings from investments and proceeds from fund-raising functions.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $348,532
Program Service Revenue $555,641
Investment Income $75,560
Other Revenue $0
TOTAL REVENUE $979,733

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,500
Fundraising Expenses $21,992
Program Expenses $729,524
Other Expenses $652,337
TOTAL EXPENSES $815,837

Year-over-Year Comparison

2023 2022 Change
Revenue $979,733 $927,984 +0.1%
Expenses $815,837 $615,230 +0.3%
Net Income $163,896 $312,754 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Trish Benisch Director 1.00
Director
$0 $0 $0
Beth O'Brien Secretary 1.00
Officer Director
$0 $0 $0
Nick Linn Director 1.00
Director
$0 $0 $0
Cindy Ruddy President 3.00
Officer Director
$0 $0 $0
Saul Curtis Director 1.00
Director
$0 $0 $0
Howard Becker Treasurer 1.00
Officer Director
$0 $0 $0
Dan Kozlowski Director 1.00
Director
$0 $0 $0
Arnie Rubin Vice President 3.00
Officer Director
$0 $0 $0
Janell Lopus Director 1.00
Director
$0 $0 $0
Ken Assal Past President 1.00
Officer Director
$0 $0 $0
Connie Kindsvater Director 1.00
Director
$0 $0 $0
Lew Paper Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $979,733 $815,837 $2,787,759 $163,896
2023 $927,984 $615,230 $2,417,139 $312,754
2022 $517,340 $621,284 $1,905,350 $-103,944
2021 $302,965 $376,614 $2,156,400 $-73,649
2020 $832,980 $450,343 $2,198,992 $382,637
2018 $480,863 $406,386 $1,842,293 $74,477
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Friends of the Library of Collier County Inc with other nonprofits in Florida and across the country.